H&R Real Estate Investment Trust (OTCMKTS:HRUFF – Get Rating) was downgraded by equity research analysts at National Bank Financial from an “outperform” rating to a “sector performance” rating in a research note issued to investors on Friday, The Fly reports.
Other research analysts have also issued research reports about the stock. Royal Bank of Canada upped their price target on shares of H&R Real Estate Investment Trust from C$15.00 to C$15.25 in a research note on Wednesday, February 15th. TD Securities increased their price objective on H&R Real Estate Investment Trust from C$15.00 to C$15.50 in a report on Wednesday, February 15th. Finally, Scotiabank increased their price objective on H&R Real Estate Investment Trust from C$16.25 to C$16.75 in a report on Wednesday, February 15th.
H&R Real Estate Investment Trust Stock Performance
Shares of H&R Real Estate Investment Trust stock opened at $7.80 on Friday. H&R Real Estate Investment Trust has a 12-month low of $7.49 and a 12-month high of $11.36. The firm’s 50 day simple moving average is $8.93 and its two-hundred day simple moving average is $9.10.
About H&R Real Estate Investment Trust
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H&R Real Estate Investment Trust is an open-ended investment company, which engages in the business of ownership, operation, and development of commercial and residential properties. It operates through the following segments: Residential, Industrial, Office and Retail. The Retail segment is involved in grocery-anchored and single tenant properties.
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